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Discussion Questions How does a business create a competitive advantage? Define customer-centric and operational-centric as it relates to a business. Discuss the differences in strategy
Discussion Questions
- How does a business create a competitive advantage?
- Define customer-centric and operational-centric as it relates to a business.
- Discuss the differences in strategy between a customer-centric business and an operational-centric business.
- What are the common reasons a business might run out of cash?
- What are the typical sources of cash when a business needs additional working capital?
Exercises/Problems
- For each of the following, indicate whether it is a customer-centric or operational-centric business.
Business | Customer-Centric or Operational-Centric? |
---|---|
Tiffany & Company | |
Walmart | |
L.L. Bean | |
Michael Kors | |
Apple | |
The Dollar Store | |
The Sharper Image | |
McDonald's | |
The local credit union | |
Dell Computer | |
United Airlines | |
Motel 6 | |
Ritz-Carlton Hotels | |
Costco | |
Bank of America | |
Microsoft | |
A gas station | |
Four Seasons Restaurant | |
Taco Bell | |
The Department of Motor Vehicles |
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